The Council of Economic Advisers also trumpeted the $787 billion economic stimulus package, which it said has saved or created about 2 million jobs.
- There's a problem with the bipartisan jobs bill emerging in the Senate: It won't create many jobs. WASHINGTON - The Senate's bipartisan jobs bill includes a tax break for companies that hire unemployed workers, money for highway construction, relief for private pensions and a one-year extension of the Patriot Act used to combat terrorism. WASHINGTON
But Obummer says:
The United States is likely to average 95,000 more jobs each month this year, while personal savings will remain high as credit remains tight, according to a White House report released Thursday but that the unemployment rate will remain high.
Guess that is because the jobs are going:The report also said that the unemployment rate may not come down much from the current level of 9.7 percent, and may even rise because of labor market growth and the return of more discouraged workers to the labor force.
Green Stimulus Jobs Going to
? Jon Karl finds the stimulus is creating green jobs .... overseas China